MMIC Solutions secures 2.7 Mn pounds A round funding
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London: MMIC Solutions, UK based supplier of innovative module and subsystem solutions for commercial millimeter wave applications has secured a further 2.7 million pounds in A Round funding. New investor YFM Group and existing investor Scottish Enterprise investing through the Scottish Venture Fund joined the round along with the company's other existing investors, including NESTA and AEGF. Having raised seed funding of more than 1.5million so far, the company has already developed and sold 94GHz receivers to a number of manufacturers of millimeter wave security imaging systems. The ability to use millimeter waves to detect non-metallic materials concealed about the body including weapons, explosives, and illegal goods is generating a lot of interest, with systems being deployed at many commercial and civic infrastructure locations, and at airports in the U.S. and Europe. The company is also developing low cost modules for high capacity communications applications. These links support data rates of 1Gbit/sec and more, and operate in various unlicensed and 'light-licensed' bands between 60 and 80GHz. Rodger Sykes, CEO of MMIC Solutions, commented "The demand for our innovative technology continues to grow in applications such as weapons detection and high bandwidth communications, and this significant investment allows us to expand our team and production capabilities to address the many opportunities our customers are presenting to us."

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